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Oct 11, 2013
10/13
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there has been talk of a six week extension the debt limit that the house gop would do. they would do this in exchange for the commitment from the white house for large scale bipartisan deficit reductions this agreement would go to november 22nd. they would agree to fund the government through december 15th in exchange for that the white house offers a concession that they would have given up in those bipartisan negotiations anyway. harry reid has said on the democratic side of the senate he doesn't want a six week deal. they want something longer perhaps a year long debt limit extension. there is a ton of ideas floating around over there. the worry is from house conservatives, the senate acts more quickly, and they have an agreement that is more favorable for the white house, the white house would go in that direction and leave them mute. so we thought these were negotiations between the house gop and the white house or the end all be all. now the senate is involved. so there is still optimism in the senate that both sides are talking, which is a huge improvement from j
there has been talk of a six week extension the debt limit that the house gop would do. they would do this in exchange for the commitment from the white house for large scale bipartisan deficit reductions this agreement would go to november 22nd. they would agree to fund the government through december 15th in exchange for that the white house offers a concession that they would have given up in those bipartisan negotiations anyway. harry reid has said on the democratic side of the senate he...
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Feb 19, 2010
02/10
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and -- >> and that's president obama speaking on the economy in las vegas today. we want to bring in john harwood to talk a little bit about what the president just said and then we're going to look at the market and see if we had a reaction and look at how to invest this week into next week and for 2010. joining me now, john harwood in washington. john, we were just talking here on the set about the economy and what the president is doing. is this part of a larger tour around the country to discuss the economy? what do you think that the president is trying to achieve here with this latest speech? >> reporter: absolutely, maria. what the president's trying to do is a couple of things. one, make the case that the stimulus has in fact worked and created jobs. it's hard to make that case when unemployment's almost 10% and you're arguing essentially that it would be a lot worse if we hadn't taken that step. the other thing he's trying to do is to frame a choice between democrats and republicans and not simply be competing with himself, and say, are you happy with how
and -- >> and that's president obama speaking on the economy in las vegas today. we want to bring in john harwood to talk a little bit about what the president just said and then we're going to look at the market and see if we had a reaction and look at how to invest this week into next week and for 2010. joining me now, john harwood in washington. john, we were just talking here on the set about the economy and what the president is doing. is this part of a larger tour around the country...
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Dec 4, 2012
12/12
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go back to january harwood at the white house, president obama talking about the fiscal cliff. john? >> i wanted to play a soundbite from the bloomberg interview that i mentioned to sue a few minutes ago. one yes offered a carrot to say if you do that in the short term, put revenue on the table concretely in that way, we will have a long process of tax entitlement reform that could end up reducing the rate in 2013. here is the president. >> not able to come up with a comprehensive tax reform package that gets it all done just in the next two weeks. we are not going to be able to come one necessarily comprehensive entitlement reform package that gets it all done in the next two weeks. when you luke at what ronald reagan did back in 1986, working with bill bradley and others, that was a year and a half process. what i have suggested is let's essentially put a down payment on taxes, let's let tax rates on the upper income folks go up. >> now, the difficulty of tax reform has been a concern of the white house throughout this discussion, all the way back to 2011. it's why they insis
go back to january harwood at the white house, president obama talking about the fiscal cliff. john? >> i wanted to play a soundbite from the bloomberg interview that i mentioned to sue a few minutes ago. one yes offered a carrot to say if you do that in the short term, put revenue on the table concretely in that way, we will have a long process of tax entitlement reform that could end up reducing the rate in 2013. here is the president. >> not able to come up with a comprehensive...
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Jan 30, 2014
01/14
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president obama talked about high tech hubs and broadband for kids and evils of inequality, but it sounded like a diversion from the continuing failure of obamacare which he did not mainly address. tonight, we have the kudlow economic rebuttal to the state of the union. and speaking of income inequality, millionaires are good. they invest to create businesses and jobs. inequality can be a good thing and it can be a sign of a truly free economy. and there is yet more to the inequality story. did women's will i be cause rising income equality? and as bird of a feather flock together, they marry successful me men. isn't that a good thing? the "kudlow report" begins right now. >>> good evening. i'm larry kudlow. is this the kudlow report. we're here here at 7:00 eastern and 4:00 p.m. pacific. it was another bad day. another big selloff. bob pisani with the details. good evening, bob. >> hi, larry. stocks ended near their lows for the day as the fed continued to reduce its bond purchasing program. markets were up overnight as the turkish central bank dramatically raised interest rates to combat
president obama talked about high tech hubs and broadband for kids and evils of inequality, but it sounded like a diversion from the continuing failure of obamacare which he did not mainly address. tonight, we have the kudlow economic rebuttal to the state of the union. and speaking of income inequality, millionaires are good. they invest to create businesses and jobs. inequality can be a good thing and it can be a sign of a truly free economy. and there is yet more to the inequality story. did...
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Dec 19, 2012
12/12
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and now they are urging president obama to intervene. let's talk to the vice of the supply chain. jonathan that is what will get disrupted. cuts off all manners of stores and businesses. ha is true. >> did you get a response from the letter? >> and you rrnt hoaren't holdin breath. >> it is critical and there is a lot at stake with the way the economy is right now. it is going to be kig cansignif. >> they are recovering from super storm sandy. >> what do they want that the port managers won't give them? >> that is for the union and the port managers to discuss. we just want them to remain at the table. >> is it wages, health benefits? is it the usual stuff? >> everything is on the table as well as issues from what management wants as far as how to make the port more efficient. in order for both sides to reach an agreement they need to stay at the table. >> what role if any will your retail federation take? >> we have been working to education congress and others within the industries to get engaged. one only needs to look back to 2002 to see what kind of damage the disruption has o
and now they are urging president obama to intervene. let's talk to the vice of the supply chain. jonathan that is what will get disrupted. cuts off all manners of stores and businesses. ha is true. >> did you get a response from the letter? >> and you rrnt hoaren't holdin breath. >> it is critical and there is a lot at stake with the way the economy is right now. it is going to be kig cansignif. >> they are recovering from super storm sandy. >> what do they want...
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Nov 24, 2009
11/09
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is the obama white house on the virge of breaking the bank? steve forbes is ready to go head-to-head. >>> goods news on the american housing market. homes sold at their fastest pace in more than two years. diana has the full story. >> reporter: and the question, simon, is how much did the pending expiration of the first-time home buyer tax credit which was extended in november, reduce october's numbers? likely a lot. home sales posted biggest month to month and biggest year to year jumps at 10 and 20% respectively. sales were strong with exception in the west. another good sign is inventories fell to their lowest levels in 2 1/2 years and a seven-month supply. locally in the west where prices have fallen and sales are been busy, there's very little supply. some suspect after november's sales figures we'll see a drop-off in sales as the tax credit no longer figures so much into buyers' decision. >> thanks quarterback are we seeing a bottom in the housing market? we're back with our all-star panel. steve force, jim he camp, ted riley and jim bus
is the obama white house on the virge of breaking the bank? steve forbes is ready to go head-to-head. >>> goods news on the american housing market. homes sold at their fastest pace in more than two years. diana has the full story. >> reporter: and the question, simon, is how much did the pending expiration of the first-time home buyer tax credit which was extended in november, reduce october's numbers? likely a lot. home sales posted biggest month to month and biggest year to...
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Dec 31, 2012
12/12
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talking to and fro, when president obama was speaking and saying a fiscal cliff deal was in sight, we saw the dow spike back above the 13,000 market pch pairing those gains a little bit as we speak. still below the 13k mark right now. we will watch this as we continue to get headlines. let's talk to aimian who is also falling a minute by minute changes. what is the latest in your camp? >> the deal john just outlined would be a relief here on capitol hill. i talked to congressman last night who were worried that negotiations would break down and the democratic senate would send over a hot potato bill. they thought they would be forced to be under a position of rejecting the bill, voting against it or having tspeaker just sit on it and kill it completely. they did not want to be the last people in this debate to vote this thing down. now it looks like what will happen is they will get a bill at some point, perhaps later today or some evening that might be something a good solid group of republicans can co-eless around. it has been the big question throughout this. can the democrats and
talking to and fro, when president obama was speaking and saying a fiscal cliff deal was in sight, we saw the dow spike back above the 13,000 market pch pairing those gains a little bit as we speak. still below the 13k mark right now. we will watch this as we continue to get headlines. let's talk to aimian who is also falling a minute by minute changes. what is the latest in your camp? >> the deal john just outlined would be a relief here on capitol hill. i talked to congressman last...
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Dec 20, 2012
12/12
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barack obama talked about one thing -- >> jimmy, this isn't about the campaign. this is about boehner's plan b. >> joe, do you want me to finish? >> yeah. >> your point about the campaign is great. my point is we're really here on capitol hill debating something different than the campaign. it's about boehner and plan b. does this change the debate? i think it does. i think obama is going to have to react to what the house republicans are doing and try to close this deal. >> bob or jimmy, will the house pass it? >> i think the house will pass it. the whip count is reportedly very close just on capitol hill. i think bainler get it passed and that puts the pressure on the senate and the president to come up with an appropriate response. >> it's weird, jimmy. they call it farsicle. nancy pelosi loved the idea for a while. i guess your idea is it doesn't have any spending cuts the president all along has been saying we need to make sure the middle class gets a tax hike. none of the middle class gets a tax hikend plan b. why is it such a farce? >> under what will be p
barack obama talked about one thing -- >> jimmy, this isn't about the campaign. this is about boehner's plan b. >> joe, do you want me to finish? >> yeah. >> your point about the campaign is great. my point is we're really here on capitol hill debating something different than the campaign. it's about boehner and plan b. does this change the debate? i think it does. i think obama is going to have to react to what the house republicans are doing and try to close this...
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Oct 7, 2013
10/13
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device tax cut, talking about congress not being exempt from obama care. they're talking about the possibility of tax reform, talking about mr. obama's pledge to improve the cost of living adjustments as an entitlement for social social security. all these things are part of what i think is going to be a package, the continuing resolution and the at the tideb. isn't boehner right to put those policies on the table and talking to president about them? >> absolutely not. this is childish behavior. these are the people who ran up this debt. these are the very people these republicans who voted for the last cr and now they're saying we won't pay our bills unless you do what we want. i don't know anybody that can operate like that. if i operated like that and went and told the bank i wasn't going to pay my mortgage unless they did things i wanted, i'd be out of my house. >> but the debt has gone up $10 trillion under president obama. >> because we had a recession and bush cut taxes without cutting programs. >> blaming bush -- >> bush had a $7 trillion. obama ra
device tax cut, talking about congress not being exempt from obama care. they're talking about the possibility of tax reform, talking about mr. obama's pledge to improve the cost of living adjustments as an entitlement for social social security. all these things are part of what i think is going to be a package, the continuing resolution and the at the tideb. isn't boehner right to put those policies on the table and talking to president about them? >> absolutely not. this is childish...
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Aug 4, 2009
08/09
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after a pep talk from chief and harry reid saying the senate would add legislati legislation, adding billions more for the cash for clunkers this week. the real focus of that white house meeting was to brace lawmakerses to face the wrath of voters over health care return when they return home on the month of august. majority leader harry reid said the president fired them up. >> the president didn't get one standing ovation but several of them. he was really kind of reminded me of the days when i was an athlete. and the coach was giving you a pep talk before the game, you came out of that pep talk that the coach gave you, ready to take on the world. >> got to love it. lawmakers expect to get an e earful about insurance plans and the federal deficit and white house recovery and when it comes to health plans they say some groups are manufacturing that anger. >> so they buy their way out of anger with cash for clunkers. >> short term gain, long term debt waiting for generations beyond. >> you're totally right on that one. one last one. senate republican leader mcconnell, sounded like fr
after a pep talk from chief and harry reid saying the senate would add legislati legislation, adding billions more for the cash for clunkers this week. the real focus of that white house meeting was to brace lawmakerses to face the wrath of voters over health care return when they return home on the month of august. majority leader harry reid said the president fired them up. >> the president didn't get one standing ovation but several of them. he was really kind of reminded me of the...
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Nov 25, 2009
11/09
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we will talk about that a little bit later on. it seems the bouillon bet seems to attract popular interest. >> reporter: some are selling it. others are buying it. so at the nation's largest gold producer, newmont, they keep on mining it. >> produce all you can as quickly as you can at the lowest cost you can is the formula. >> the formula is working for newmont. its stock is up more than 60 this year thanks to the record price of gold. >> when you're in record territory, you can be nervous, you can be thankful. i can tell you, i'm pretty joyous about it. >> this is what makes it all worthwhile. this is a bar of 90% pure gold. it weighs about 70 pounds and at today's prices it's worth about $1.25 million. and richard o'brien thinks it could go even higher, maybe to $1,300 an ounce next year as the federal budget deficit continues to grow. >> with the printing presses, people are anticipating inflation. that inflation will probably lead to higher gold prices, because it will lead to a weaker dollar. >> just this small amount could
we will talk about that a little bit later on. it seems the bouillon bet seems to attract popular interest. >> reporter: some are selling it. others are buying it. so at the nation's largest gold producer, newmont, they keep on mining it. >> produce all you can as quickly as you can at the lowest cost you can is the formula. >> the formula is working for newmont. its stock is up more than 60 this year thanks to the record price of gold. >> when you're in record...
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Nov 22, 2013
11/13
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but there is a lot of talk about that. but what is your take on how the republicans are playing this? today there is headlines the gop on obama care let it just self get. eight house investigations are scheduled for the obama care. democrats are going to move with republicans to create some legislation maybe along the lines that steve murphy is talking about. is the gop playing its cards right, ari fleischer? >> republicans start to play that are cards right when they voted against this in the first place. that was the right stand to take because they feared the effects it would have, they predicted many of these effects where people would pay more and it would damage health care delivery in this country. that's another shoe that has yet to fall. as it goes forward, only thing that republicans can do that messes this up is to shut the government down again, go back into some of the same fights they should not have gotten into around october first when obama care kicked in. i think they have learned that lesson. i certainly
but there is a lot of talk about that. but what is your take on how the republicans are playing this? today there is headlines the gop on obama care let it just self get. eight house investigations are scheduled for the obama care. democrats are going to move with republicans to create some legislation maybe along the lines that steve murphy is talking about. is the gop playing its cards right, ari fleischer? >> republicans start to play that are cards right when they voted against this...
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Jul 30, 2013
07/13
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>> obama is talking about these manufacturing institutes but he wants to have homes, wants to have everything. wants to spend money on everything. can't do that. that's not the way it works. can't spend money on everything. >> i tell myself that every day. >> got something cooking? >> i promise you -- >> have you sold larry one of those million-dollar homes yet? >> thank you to steve and ryan. be sure to catch ryan on "million-dollar listing." >>> now, the big s.e.c. case against the ex-goldman trader wrapped up today. now it's in the hands of the jury. we've got an update on that and more just ahead on kudlow. >>> welcome back to "the kudlow report." three penn state officials will stand trial for allegedly covering up sex abuse of young boys by former football coach jerry sandusky. they are former university president graham spanier, former vice president gary schultz, and ex-athletic director tim curley. a judge says there is enough evidence for a trial. >>> and remember this horrible train crash in spain last week. 79 people killed. the driver of the train was talking on the phone when th
>> obama is talking about these manufacturing institutes but he wants to have homes, wants to have everything. wants to spend money on everything. can't do that. that's not the way it works. can't spend money on everything. >> i tell myself that every day. >> got something cooking? >> i promise you -- >> have you sold larry one of those million-dollar homes yet? >> thank you to steve and ryan. be sure to catch ryan on "million-dollar listing."...
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Oct 14, 2013
10/13
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talk to us today. > >>> welcome back. president obama a few minutes ago going to a d.c. area charity called martha's charity where some members of his administration and furloughed employees have have been volunteering. >> we have a lot of volunteers who are furloughed federal workers these are folks who have not been paid, in some cases are eager to be back on the job but are not allowed to work, yet they're here contributing and giving back to the community and i think that shows the kind of spirit we have among all kinds of federal workers all across the country. people who dedicate their lives to public service, think that what they're doing is important in terms of helping this country and yet find themselves in a situation in which because of politics, they're not able to do their jobs. now, this week we'll be entering into the third week of a government shutdown that was completely unnecessary. and i'm going to have the opportunity to meet again with the congressional leaders this afternoon and i am going to once again urge them to open the government, and make su
talk to us today. > >>> welcome back. president obama a few minutes ago going to a d.c. area charity called martha's charity where some members of his administration and furloughed employees have have been volunteering. >> we have a lot of volunteers who are furloughed federal workers these are folks who have not been paid, in some cases are eager to be back on the job but are not allowed to work, yet they're here contributing and giving back to the community and i think that...
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Dec 31, 2012
12/12
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we just don't know. >> i think that even obama that was out there very, very frequently yesterday talking and downplaying it and blaming the republicans, i think this crucial stage in negotiations he's got to be out there with positive news rather than more pressure. >> if the market is certainly betting that mr. obama at 1:30 eastern time is going to deliver something positive because take a look at the chart on your screen right there. on the other side of the break we'll continue our discussion about the fiscal cliff and what it means for the markets and we'll look ahead to the president's speech, or at least his comments on later today when we come back. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ [ lisa ] my name's
we just don't know. >> i think that even obama that was out there very, very frequently yesterday talking and downplaying it and blaming the republicans, i think this crucial stage in negotiations he's got to be out there with positive news rather than more pressure. >> if the market is certainly betting that mr. obama at 1:30 eastern time is going to deliver something positive because take a look at the chart on your screen right there. on the other side of the break we'll continue...
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Dec 5, 2013
12/13
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the president said when budget talks get going obama care will not be on the table because, he said, his plan is ending one of america's worst inequities, unequal access to health care. larry. >> thanks very much, steve handelsman. we appreciate it. i'm going to say it again with all due respect to mr. president, growing income inequality is not the greatest challenge of our time. we need strong economic growth. that's the biggest challenge. i need a rising tide to lift all boats and help all-americans without these class warfare divisions. so let's talk. joining us now is former chief economist for vice president biden, jared bernstein. he's at the center of budget and policies. jim pazakukas is with the american institute and cnbc. jimmy p., what about income inequality. there's a lot of studies out there and they show in the last 20 or 30 years that hasn't happened. that's not true. it's a bogus issue. >> i don't want to have study versus counter study. income inequality, the top 90% and 10% have increased. a lot of disputes about how high inequality has gone. the president fears
the president said when budget talks get going obama care will not be on the table because, he said, his plan is ending one of america's worst inequities, unequal access to health care. larry. >> thanks very much, steve handelsman. we appreciate it. i'm going to say it again with all due respect to mr. president, growing income inequality is not the greatest challenge of our time. we need strong economic growth. that's the biggest challenge. i need a rising tide to lift all boats and help...
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164
Aug 16, 2012
08/12
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we'll talk to the deli man who catered president obama's visit yesterday but wore an angry message for the president. how interesting. -[ taste buds ] donuts, donuts! -who are these guys? -oh, that's just my buds. -bacon. -my taste buds. -[ taste buds ] donuts. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? okay. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xts has arrived, and it's bringing the future forward. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it.
we'll talk to the deli man who catered president obama's visit yesterday but wore an angry message for the president. how interesting. -[ taste buds ] donuts, donuts! -who are these guys? -oh, that's just my buds. -bacon. -my taste buds. -[ taste buds ] donuts. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? okay. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. scroll......
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Jan 8, 2014
01/14
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larry, i was talking to a painting contractor in wisconsin. he said, do not extend unemployment. he finally got two big jobs, went back to his laidoff workers. to a person he would not take the job. until our unemployment benefits run out, it doesn't pay for us to do it. to add insult to injury, he lost those jobs, guess to who? those same workers did those jobs for cash. listen, we're all concerned about people who are long-term unemployed. that's obviously not the typical rule, but the best thing, the best solution is to get our economy growing so we can provide people real jobs so they have the dignity to work. that's what this -- that's what this president is signaling unable to do. >> how would you recommend doing that? the economy is improving. i know a lot of -- the unemployment rate is too high. the marginal unemployment rate is even higher. close to 14%. i know the population, the employment to overall population is way too low, 58%. senator johnson as a former ceo yourself, what would you do to really put some torque into the job story so we don't have to worry about ex
larry, i was talking to a painting contractor in wisconsin. he said, do not extend unemployment. he finally got two big jobs, went back to his laidoff workers. to a person he would not take the job. until our unemployment benefits run out, it doesn't pay for us to do it. to add insult to injury, he lost those jobs, guess to who? those same workers did those jobs for cash. listen, we're all concerned about people who are long-term unemployed. that's obviously not the typical rule, but the best...
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155
Oct 26, 2009
10/09
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>> if i was in the room when bernanke and obama were talking i'd have a lot better stories that i do in politico. i would say that the fed is independent, although, barack obama reappointed ben bernanke and there are two vacancies on the fed that obama will have a chance to fill so he'll get a sort of vote by proxy with those two folks if he picks people will do the right thing in his view. >> i simply don't believe that bernanke has the nerve to tighten interest rates at a point where the asset base of the banking system is deteriorating at perhaps the worst rate in history, which is what the weakness in bang's subsidies demonstrates to us. >> that's an important point. rick, listen to this. he's saying whole congress will oppose person than key and the white house may oppose bernanke, rick. what do you say it? >> he will not. call him an academic or -- they won't have a chance of tightening before the 2010 elections. the white house doesn't have to worry about that. >> amon, what do you think of what mr. santelli just said? >> i know a lot of folks say the fed won't do anything at
>> if i was in the room when bernanke and obama were talking i'd have a lot better stories that i do in politico. i would say that the fed is independent, although, barack obama reappointed ben bernanke and there are two vacancies on the fed that obama will have a chance to fill so he'll get a sort of vote by proxy with those two folks if he picks people will do the right thing in his view. >> i simply don't believe that bernanke has the nerve to tighten interest rates at a point...
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Nov 28, 2012
11/12
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. >> some of the nation's top business leaders set to meet president obama at the white house. there's a live shot of it. up next, we're joined by one ceo who says stop all the tax hike talk, we have a spending problem. that's what matters most. >>> plus, rising above the rhetoric. we hear from one republican who says the best way to fix the debt is to cut spending and raise taxes on the rich. >>> and later, don't look now, but the tax benefits from your 401(k) could be on the chopping block as part of a broad fiscal cliff deal. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... all ] i'm with scottrade. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back o
. >> some of the nation's top business leaders set to meet president obama at the white house. there's a live shot of it. up next, we're joined by one ceo who says stop all the tax hike talk, we have a spending problem. that's what matters most. >>> plus, rising above the rhetoric. we hear from one republican who says the best way to fix the debt is to cut spending and raise taxes on the rich. >>> and later, don't look now, but the tax benefits from your 401(k) could be...
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75
Oct 15, 2013
10/13
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they have gotten obama care in the news and everyone is talking about it for three weeks. be proud of them, republicans. >> you know, somebody e-mailed me, i won't mention his name, but he's a pretty high ranking guy in the senate. ending obama care, if such a thing were possible, would be good for growth and jobs. >> absolutely. >> one thing is for sure, all of this has distracted from the anemic economic recovery which has plagued america. >> it would be good for health care. please repeal obama care, but this so far the three-week fight, we'll see how long it goes on, it's reminded republicans, we're going to repeal it when we get a majority. vote for republicans next time, americans. >> there he is a risk but it's a very interesting strategy. thanks to ann coulter. she'll be with us for the rest of the hour. the markets, dow off 100 points. might this be a good buying opportunity? i believe a deal is going to get done. we'll get some answers coming next up on "the kudlow report." please stay with us. could save you fifteen percent or more on car insurance. mmmhmmm...ev
they have gotten obama care in the news and everyone is talking about it for three weeks. be proud of them, republicans. >> you know, somebody e-mailed me, i won't mention his name, but he's a pretty high ranking guy in the senate. ending obama care, if such a thing were possible, would be good for growth and jobs. >> absolutely. >> one thing is for sure, all of this has distracted from the anemic economic recovery which has plagued america. >> it would be good for...
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Oct 2, 2013
10/13
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we're about to talk to one of the congressional leaders who just finished meeting with president obama, that being senator mitch mcconnell. he will join us live, next up on the "the kudlow report." in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. at a ford dealer with a little q and a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee, affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. get up to $140 in mail-in rebates when you buy four select tires with the
we're about to talk to one of the congressional leaders who just finished meeting with president obama, that being senator mitch mcconnell. he will join us live, next up on the "the kudlow report." in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so...
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Oct 15, 2013
10/13
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there's been talk of extending subsidies to congressional staff. there's been discussion of taking away the conscience clause relating to the availability of abortion under obama care, adding that to get conservative support. all of those things affect the fate of the house republican bill, but its failure seems to be the key at the moment to the resumption of the reid/mcconnell negotiations. we're in limbo until we know whether it fails or succeeds. >> limbo is the word. they've got to get a deal done. thanks very much, john harwood. let's find out about the trader psychology here. bob pisani, i want to throw something out here. i was pondering the market's reaction to the negotiations being stalleded. we're down by triple digits but we were already down today. if you feel there's real septemb skepticism, we would be tanking more than we already are? >> i think it is dawning on everyone that this process may be more dragged out that people had anticipated. i don't know if you all saw senator reid there, but i was just talking to art cashin, i said
there's been talk of extending subsidies to congressional staff. there's been discussion of taking away the conscience clause relating to the availability of abortion under obama care, adding that to get conservative support. all of those things affect the fate of the house republican bill, but its failure seems to be the key at the moment to the resumption of the reid/mcconnell negotiations. we're in limbo until we know whether it fails or succeeds. >> limbo is the word. they've got to...
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Sep 21, 2012
09/12
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campaign invented in order to not talk about the economy. do you remember the first time they brought up the tax rush issue was the monday after the july jobs report and they did it because it was a terrible jobs report and the media bit and they went after romney. remember the next time they did it, it was when jim mesina wrote a letter to the campaign, do you remember when he did that? it was the day of the august jobs number for the states when 44 states saw their unemployment number rise. nobody cares about this. that same washington post poll back in august showed only 20% of people thought it was relevant. he pays what the law requires and maybe more. he's not breaking laws and this is not an important thing and that's the tragedy of the whole thing and we're talking about something that isn't an issue at all. >> this is what the republicans don't get. the issue is not how much tax he paid unless he paid zero, which is he didn't. so the problem is for him is the credibility and does he play by a different set of rules. -- there's a car
campaign invented in order to not talk about the economy. do you remember the first time they brought up the tax rush issue was the monday after the july jobs report and they did it because it was a terrible jobs report and the media bit and they went after romney. remember the next time they did it, it was when jim mesina wrote a letter to the campaign, do you remember when he did that? it was the day of the august jobs number for the states when 44 states saw their unemployment number rise....
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Oct 10, 2013
10/13
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president obama meeting the gop leadership in about ten minutes. we are monitoring the meeting. the results of that meeting very well may dictate if this rally is sustainable or not. joining me now to talk about these incredible market moves and a lot more in an exclusive interview right now is barry rosenstein. founder of jana partners. nice to see you. >> nice to see you, too, maria. >> as well as talking about specific situations which i want to get into. you've been making news with jana partners recently. you're an individual who's overseeing $7 billion plus assets under management. what does a guy like you think when you see a market up 300 points with this back and forth in washington? >> well, look, it's a relief rally. i think people are just, you know, pleased that, you know, you've managed to kick the can down the road by six weeks. i don't think it's resolved anything. but i think, you know, the downside was so horrendous people are just, you know, thrilled today that at least we don't have to focus on that for a while. >> that's why you have the specific situations
president obama meeting the gop leadership in about ten minutes. we are monitoring the meeting. the results of that meeting very well may dictate if this rally is sustainable or not. joining me now to talk about these incredible market moves and a lot more in an exclusive interview right now is barry rosenstein. founder of jana partners. nice to see you. >> nice to see you, too, maria. >> as well as talking about specific situations which i want to get into. you've been making news...
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Oct 29, 2013
10/13
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is this president obama's read my lips moment? let's talk. we have cnbc contributor former governor of pennsylvania ed rendell, we welcome hayley heath, senior analyst, one of the 14 million whose current insurance will be cancelled under obama care. with ebring along cnbc contributor robert costa. did they tell you why they cancelled your policy? >> they told me, here are instructions for signing up with a different plan that is compliant with the affordable care act. so the insurance company didn't beat around the bush. they told me this was a direct result of the obama care. >> ed rendell, welcome back, as always, former dnc. former governor to the great state of pennsylvania. former mayor of the great city of philadelphia a. man of immense political experience. will you tell me how president obama is going to squirm out of this? he said it wouldn't happen and pink slips galore could be up to 15, 16 million people before this is over? >> well, it's a horrible mistake and an unnecessary mistake. what the president clearly should have said i
is this president obama's read my lips moment? let's talk. we have cnbc contributor former governor of pennsylvania ed rendell, we welcome hayley heath, senior analyst, one of the 14 million whose current insurance will be cancelled under obama care. with ebring along cnbc contributor robert costa. did they tell you why they cancelled your policy? >> they told me, here are instructions for signing up with a different plan that is compliant with the affordable care act. so the insurance...
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Jan 9, 2013
01/13
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if the gop keeps talking about a shutdown and no debt ceiling. this is a mission of the first reign. >> i think it s considering that the white house has said repeatedly including today. that president obama is not willing to negotiate with the debt ceiling at all. but you do have senator mitch mcconnell coming out over the weekend saying that he is not all the way for a government shut down but it might be on the table. you have ted cruz saying that it may lead to less spending and more reform. he credited well welfare reform comparing it to the 1990s. >> i don't know your they don't just rally around the spending issue. they didn't get any spending cuts in that god forsaken tax bill that we got last week. >> right. yeah, and you have the remotion al side of what the left likes to use in the arguments of military families in the time of war. that is something republicans could get their arms around. senator sessions is coming out today. he has been saying this for a couple of months. the last time the ceiling debate came around. and if democrats
if the gop keeps talking about a shutdown and no debt ceiling. this is a mission of the first reign. >> i think it s considering that the white house has said repeatedly including today. that president obama is not willing to negotiate with the debt ceiling at all. but you do have senator mitch mcconnell coming out over the weekend saying that he is not all the way for a government shut down but it might be on the table. you have ted cruz saying that it may lead to less spending and more...
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Dec 21, 2012
12/12
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you've got to have democrats and republicans talking and i think the question now is going to be in talks over the weekend and next week, do we get either a medium to large deal resurrecting the deal that obama and boehner almost struck earlier this week or do you get a small deal that simply delays everything for a month while they continue hassling? not a pretty picture at this point. >> joining us, rob mcguyver of the gemson quality growth fun, troy, rick santelli is with us in chicago, as well. troy, what do you think? how do you invest? do you even bother to try and invest right now into 2013 with all that's going on in washington? >> if there's anything you're in right now that is sfend dependent on a fiscal cliff solution, you should probably look elsewhere where that favorable solution is not necessary in order to generate returns going into 2013. >> yeah, but is there anything that isn't supposed to the fiscal cliff? doesn't the market sell off if we don't do a deal? do you think some stocks won't get affected? >> well, everything strategy in every asset class class is supposed t
you've got to have democrats and republicans talking and i think the question now is going to be in talks over the weekend and next week, do we get either a medium to large deal resurrecting the deal that obama and boehner almost struck earlier this week or do you get a small deal that simply delays everything for a month while they continue hassling? not a pretty picture at this point. >> joining us, rob mcguyver of the gemson quality growth fun, troy, rick santelli is with us in...
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Sep 4, 2009
09/09
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obama talks about 2 00,000 jobs saved, 200,000 jobs saved. the federal government, besides the tax threat as steve moore is describing and the regulatory threats that can come from obamacare and cape and trade, they're taking $400 billion every quarter. that is stuff that small businesses desperately need. isn't this whole program geared against the owner-operator and the entrepreneur? and isn't that why this is going to be a jobless recovery? >> no, see you're finding issues where there are not any issues. right now, the problem with capital markets is they're stuck. they' been stuck frar year now 37. if i was partisan, i would talk about what bush did to get us into this trouble, but i'm not partisan so i won't do. but the banks under t.a.r.p. aren't lending. again, until we get a stimulus package that's big enough and until we actually restore growth and get wages that are growing for the middle class and for average working americans on main street we're not going to see small businesses thrive. >> robert reich, i have a stimulus plan for
obama talks about 2 00,000 jobs saved, 200,000 jobs saved. the federal government, besides the tax threat as steve moore is describing and the regulatory threats that can come from obamacare and cape and trade, they're taking $400 billion every quarter. that is stuff that small businesses desperately need. isn't this whole program geared against the owner-operator and the entrepreneur? and isn't that why this is going to be a jobless recovery? >> no, see you're finding issues where there...
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Jan 24, 2013
01/13
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obama care stifles employment. 2.5%, that's better than nothing. >> we're talking about the same thing, though. david said, you know, we've got a reluctance to invest and innovate in this country. we have impediments invented by capitol hill and congress and government to investors. you keep changing the rules. we don't know when it's safe to invest. >> the administration and the senate and the house would keep things stable for a while and take a boot -- take that boot off the neck of the entrepreneur, there's bubbling underneath this. a phenomenal explosion of american growth of ingenuity and entrepreneurship. just take the boot off the neck and give us stable policies. >> it's exactly what i talk about in my book "restoring the american dream." >> i can't believe i let him get that at the end of it but there you go. is he a good salesman or what? >> abigail, thank you very much. david goldman, as always. it's about time for president obama to make a decision on the s keystone pipeline but the environmental lobby will not accept anything but total victory. they're even talking civil
obama care stifles employment. 2.5%, that's better than nothing. >> we're talking about the same thing, though. david said, you know, we've got a reluctance to invest and innovate in this country. we have impediments invented by capitol hill and congress and government to investors. you keep changing the rules. we don't know when it's safe to invest. >> the administration and the senate and the house would keep things stable for a while and take a boot -- take that boot off the neck...
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Oct 11, 2013
10/13
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anything else in obama care. i think the conservatives will back away. at least initially. and to henrieta's point about boehner selling this to the conservatives and getting his troops on board, i think that's a last-minute action by the speaker. he doesn't do it on monday. he doesn't do it on tuesday. it's later in the week. and i don't think the market has quite figured out that there is no resolution of this -- of this stalemate going into monday. it's a tuesday, wednesday, maybe thursday. we could go through the 17th. we could go into friday until, you know, a deal is in place. >> yeah, we tell our clients all the time, you know, d.c. waits until the absolute 11th hour. it would not surprise me if we saw reid, mcconnell, boehner and pelosi getting together for the final moments at 11:00 and getting this bill to the president. i would not be surprised by that at all. >> guys, we're in for a long weekend. we'll be watching and expecting some impact next week for the markets. thanks to you both. have a good wee
anything else in obama care. i think the conservatives will back away. at least initially. and to henrieta's point about boehner selling this to the conservatives and getting his troops on board, i think that's a last-minute action by the speaker. he doesn't do it on monday. he doesn't do it on tuesday. it's later in the week. and i don't think the market has quite figured out that there is no resolution of this -- of this stalemate going into monday. it's a tuesday, wednesday, maybe thursday....
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Dec 29, 2012
12/12
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what i expect to come to the floor is what president obama's talking about a 250 threshold for rates, maybe an amt attached to it and maybe have unemployment attached to it, but that's it. that's what the president wants at the end of the day. the question for mccon cell this, can he raise that threshold now at the 11th hour from president obama's $250,000 perhaps to $300,000 or $400,000. >> and just concede on spending cuts. >> at this point the republicans are like a prizefighter on the ropes and they're not in a great negotiating position and the caucus walked away from john boehner and they're not in a position to say i want a, b and c. >> so the senate comes up with something. can it pass the house? >> i think i'm more in agreement with you than robert is in the sense that i'm not particularly bullish about the possibility of this deal because let's just look at the logistics of how congress works. the first step in this new process that the president just outlined is that he wants harry reid and mitch mcconnell to get together on the plan. you need a plan that will satisfy harry
what i expect to come to the floor is what president obama's talking about a 250 threshold for rates, maybe an amt attached to it and maybe have unemployment attached to it, but that's it. that's what the president wants at the end of the day. the question for mccon cell this, can he raise that threshold now at the 11th hour from president obama's $250,000 perhaps to $300,000 or $400,000. >> and just concede on spending cuts. >> at this point the republicans are like a prizefighter...
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Oct 15, 2013
10/13
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we're still talking about it. but that had the effect of causing mitch mcconnell to hit the pause button on his talks with harry reid because the republican leader in the senate has little freedom to maneuver when the republican house is working on an alternative to what he's negotiating with reid. i just got off the phone a few moments ago with the democratic leadership aide who says this hasn't collapsed but it's on pause until we find out what's happened to the house plan. the house plan, because it didn't have the votes, when they left the meeting, may never get off the ground, but until that is determined one way or the other, the senate's not going to come to completion. they said there's still time, if they reach a consensus between reid and mcconnell, to pass it in the senate, pass it in the house tomorrow, but that requires the unanimous consent of senators to it move that quickly. ted cruz and mike lee now have the power f they choose to, to filibuster a deal and take us beyond the october 17th deadline,
we're still talking about it. but that had the effect of causing mitch mcconnell to hit the pause button on his talks with harry reid because the republican leader in the senate has little freedom to maneuver when the republican house is working on an alternative to what he's negotiating with reid. i just got off the phone a few moments ago with the democratic leadership aide who says this hasn't collapsed but it's on pause until we find out what's happened to the house plan. the house plan,...
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Oct 25, 2013
10/13
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with obama care, and this catastrophic launch and all these ongoing problems that you're talking about, does that negate the political problems that the republicans have from the shutdown? >> well i think the republicans are looking a lot better and i think they look stronger when they say we are opposing this law. i'm not so sure they should have done the shutdown. they should have done a symbolic shutdown of a day or a week where they say we oppose this law, the president and the congress voted for it previously. so it's continuing. but we want the american public to know that the republican party opposes this law. it's a bad law. >> but does this obama care, all these obama care problems, all right, we're in late october, 2013. the election is a little more than a year. i guess what i'm asking very directly can the republicans live down the negatives of the shutdown. i agree with you they shouldn't have had a shutdown with the obama care issue. does obama care trump the shutdown? >> i think it's not just now and the website the full implementation. there's a lawsuit by judicial watc
with obama care, and this catastrophic launch and all these ongoing problems that you're talking about, does that negate the political problems that the republicans have from the shutdown? >> well i think the republicans are looking a lot better and i think they look stronger when they say we are opposing this law. i'm not so sure they should have done the shutdown. they should have done a symbolic shutdown of a day or a week where they say we oppose this law, the president and the...
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Oct 14, 2013
10/13
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a meeting between president obama and congressional leaders at the white house has been postponed. what does it mean for negotiations on the looming debt ceiling? we'll talk to two house members next to find out what they're hearing. >> the government shutdown sending ripple waves through the housing market. we'll find out why it could threaten the housing comeback when we come back on the "closing bell." vo: two years of grad school. 20 years with the company. thousands of presentations. and one hard earned partnership. it took a lot of work to get this far. so now i'm supposed to take a back seat when it comes to my investments? there's zero chance of that happening. avo: when you work with a schwab financial consultant, you'll get the guidance you need with the control you want. talk to us today. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on toda
a meeting between president obama and congressional leaders at the white house has been postponed. what does it mean for negotiations on the looming debt ceiling? we'll talk to two house members next to find out what they're hearing. >> the government shutdown sending ripple waves through the housing market. we'll find out why it could threaten the housing comeback when we come back on the "closing bell." vo: two years of grad school. 20 years with the company. thousands of...
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Oct 1, 2013
10/13
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what they're talking about with the debt limit reminds us of when president obama was a senator. if we were thinking of raising the debt limit, it shows a failure of leadership. we have the situation with shutdown of the federal government. this is representative of the leadership. i will say there's some blame to be spread with those -- some of those in the senate and house. we have a failure of leadership. gone are the days of our elected leaders sitting at a table and having the political sausage making of what goes on in washington and having the bipartisan talks and hashing this out before we reach a deadline. that hasn't happened here. the president made a few phone calls five hours before the shutdown yesterday and that's far too late. they need conversations like clinton and newt gingrich did in '96 and '97. >> i have not had a drink in 18 years. i didn't throw the whisky back, they did. to the benefit of the country. marge ross, let me say this. i happened to personally oppose obama care and i had no problem up to a point where the democrats were spreading the record. it
what they're talking about with the debt limit reminds us of when president obama was a senator. if we were thinking of raising the debt limit, it shows a failure of leadership. we have the situation with shutdown of the federal government. this is representative of the leadership. i will say there's some blame to be spread with those -- some of those in the senate and house. we have a failure of leadership. gone are the days of our elected leaders sitting at a table and having the political...
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Oct 15, 2013
10/13
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talking about obama care stuff again. that debate's been had. i think at the end of the day you need someone like ryan and murray together to pass that and start talking real budget reform, which is what everyone's for. >> that's where i want to get your insights for, the real budget reform. once we get past this emergency moment, and we've got to get past it. now you're hearing from ratings agency, perhaps this will put a fire under them to get something done, but how do you approach the issue of debt and how do you approach the issue that spending does need to come down. do you agree with that, by the way? >> first of all, i definitely agree we have to have the debt come down. i look more at the deficit, which has shrunk dramatically. everyone talks about debt but it's debt as a percentage of gdp. it's a percentage of debt to gdp, which we need to be around 65% to be at aaa. we those make no sense. we are smarter as a country than to have plunt objects. or something like medicare. and on the flip side we will have to make sure its revenues are
talking about obama care stuff again. that debate's been had. i think at the end of the day you need someone like ryan and murray together to pass that and start talking real budget reform, which is what everyone's for. >> that's where i want to get your insights for, the real budget reform. once we get past this emergency moment, and we've got to get past it. now you're hearing from ratings agency, perhaps this will put a fire under them to get something done, but how do you approach the...
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Dec 21, 2012
12/12
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we expect him to talk about john kerry being the next secretary of state. >> john mccain just put out a statement. >> great. here is president obama. >> -- took office, we were in the middle of two wars and al qaeda was in its safe havens. america was standing in a world of suffering. we began a new jer yaf leadership. we entered the war in iraq, put will al qaeda war on the path to defeat and we are winding down from the war in afghanistan. we have global challenges and stood up for human dignity. we still of course face great challenges. but today, i can say with pride that the united states is safer, stronger, and more respected in the world. in this work, i've been grateful for an extraordinary national security team. toml don lan has been part of that and one of the most important people is our outstanding secretary of state, my friend, secretary hillary clinton. hillary wanted very much to be here today. but she continues to recuperate. i had a chance to talk to her earlier today and she is in good spirits. and could not be more excited about the announcement that i'm making. ov
we expect him to talk about john kerry being the next secretary of state. >> john mccain just put out a statement. >> great. here is president obama. >> -- took office, we were in the middle of two wars and al qaeda was in its safe havens. america was standing in a world of suffering. we began a new jer yaf leadership. we entered the war in iraq, put will al qaeda war on the path to defeat and we are winding down from the war in afghanistan. we have global challenges and stood...
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Jun 19, 2012
06/12
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you're also the author of "the brief against obama." and thank you for being here. >> good to be here, joe. >> signed copy of that? >> many coming your way. >> thank you. no document, no deal. attorney general eric holder and house oversight chairman darryl issa didn't get it done. bertha couples with more on that and all the breaking headlines coming into the breaking news room. >> just seems like they can't seem to get into agreement down in washington. darryl issa and attorney general eric holder ratcheted it a notch when a late meaning broke up without a deal to share documents. issa's committee will vote for a contempt citation against holder tomorrow. treasury secretary geithner told reporters, quote, we're encouraged by what we've heard from the european leaders and christine la guard said the seeds were planted but the europeans have to make hard choices. and former egyptian president hosni mubarak is near death according to reports. he resigned in february 2011, you'll recall, after 30 years as president in the face of massive
you're also the author of "the brief against obama." and thank you for being here. >> good to be here, joe. >> signed copy of that? >> many coming your way. >> thank you. no document, no deal. attorney general eric holder and house oversight chairman darryl issa didn't get it done. bertha couples with more on that and all the breaking headlines coming into the breaking news room. >> just seems like they can't seem to get into agreement down in washington....
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Nov 28, 2012
11/12
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in light of just sort of spreading this message, i'm going to be visiting pennsylvania on friday to talk with folks in a small business there that are trying to make sure that they're filling their christmas orders -- >>> we've been listening to president obama make comments at the white house today regardless the fiscal cliff in front of the middle class taxpayers as the white house has gathered them behind the president. he says he hopes to get a deal done on the cliff by christmas. perhaps most pointedly for all of you watching, he says the american people are watching what we do, we certainly know that wall street is watching. the markets have gone through a number of gyrations over the last 48 hours after comments yesterday from harry reid, the senate majority lead erbil, mitch mcconnell as well today. john boehner, the house speaker delivers his comments and now the president a couple hours before he meets with several of the nation's ceos on the economy and the fiscal cliff. let's go down to washington and get some reaction from our john harwood, who's been listening in. john, i t
in light of just sort of spreading this message, i'm going to be visiting pennsylvania on friday to talk with folks in a small business there that are trying to make sure that they're filling their christmas orders -- >>> we've been listening to president obama make comments at the white house today regardless the fiscal cliff in front of the middle class taxpayers as the white house has gathered them behind the president. he says he hopes to get a deal done on the cliff by christmas....
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Oct 2, 2013
10/13
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are we really going to have budget talks now and not try to push him on obama care? >> here's what the house has done. the house has said, let's pass a continuing resolution. let's do two other things. let's make sure that members of congress are treated the same way as everybody else and that there's not a special class. let's also make sure that the business break that was afforded based on the president's delay of the employer mandate, that gets afforded to individuals as well. so fairness for all. although the way around. i mean, there's a certain irony that the very bill, that is obama care, that is supposed to be so terrific, is something that senate democrats are desperately trying to get out of on a personal level. we're just trying to say, treat everybody fairly. >> are you suggesting when john boehner goes in there, we're still going to be talking about getting a delay for one year? that's what they're going to ask the president for? >> a one-year delay of the individual mandated, absolutely. look, that's the only thing that's in play. the president has not
are we really going to have budget talks now and not try to push him on obama care? >> here's what the house has done. the house has said, let's pass a continuing resolution. let's do two other things. let's make sure that members of congress are treated the same way as everybody else and that there's not a special class. let's also make sure that the business break that was afforded based on the president's delay of the employer mandate, that gets afforded to individuals as well. so...
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Nov 9, 2012
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and he said, look, we're willing to talk about more revenues. these are revenues that we think that can come as a result of a growing economy and the house has already acted on one proposal that says move forward and extend the current tax rates for one more year and use that as a bridge to tax reform. now, before there were voices on the democratic side that were saying, well, let's just go over the fiscal cliff. well, that's a bucket of crazy. nobody wants to go over the fiscal cliff. it's ridiculous. >> certainly that's one of the stock market, right, post-election. it's an important point you made, mr. boehner saying revenues could be on the table. is that a republican concession? and if it is a republican concession, what do you all want from the democrats as their concession? >> well, i think it's how these things are characterized. many times. you know, in the debate between mitt romney and barack obama, obama laid out this notion that somehow romney was not in favor of any more revenues and romney debunked that and said, look, we're in f
and he said, look, we're willing to talk about more revenues. these are revenues that we think that can come as a result of a growing economy and the house has already acted on one proposal that says move forward and extend the current tax rates for one more year and use that as a bridge to tax reform. now, before there were voices on the democratic side that were saying, well, let's just go over the fiscal cliff. well, that's a bucket of crazy. nobody wants to go over the fiscal cliff. it's...
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Nov 15, 2012
11/12
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obama? is this not hypocrisy? >> papa bush gave him a better economy. i've got to get out of here. >> it's after the election, you lost, larry. get over it. >>> do you think someone earning $250,000 a year is rich? please tweet us @thekudlowreport. we'll read them later in the show. >>> guess what? nancy pelosi is staying. wow! in congress. as the minority leader of the house democrats. holy cow. surrounded by women democrats at the house, nancy pelosi told reporters today they were looking into the future. more women, more minorities in the incoming house. more than ever before with her decision. the democratic leadership is not going to change in the new house of representatives in january. and all i'll say is my condolences to her longtime deputy, steny hoyer. >>> anyway, stocks dropped sharply on president obama's press conference today. the dow closed down almost 700 points since the election itself. keith boykin notwithstanding. we'll look at the growing number of investor pessimists.
obama? is this not hypocrisy? >> papa bush gave him a better economy. i've got to get out of here. >> it's after the election, you lost, larry. get over it. >>> do you think someone earning $250,000 a year is rich? please tweet us @thekudlowreport. we'll read them later in the show. >>> guess what? nancy pelosi is staying. wow! in congress. as the minority leader of the house democrats. holy cow. surrounded by women democrats at the house, nancy pelosi told...
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Feb 5, 2013
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obama is saying, don't even talk to me about entitlement reforms. if you oh mention those words it will be tax, tax, tax. i will control the public dialogue and that's all we'll e talk about. guys, fold your cards now. that's what this is about. i don't think there will be more tax hikes this year. there's also not going to be spending reform. all the talk about tax hikes is obama's way of making sure that america doesn't deal with its true problem which is its spending problem. >> i will cross that bridge when i get to it. dave goldman, this didn't have a general market impact, but the federal government, the justice department, a couple of left wing attorneys general, they will all sue s&p. they're probably going to sue moody's. mcgraw hill fell. they will sue s&p for being credit dummies on mortgage-backed securities and collateralized debt obligations. i don't know. is this meritorious? it seems there is no law about being stupid. they were stupid. but if you can't show intent there is no law about stupid. why do this? >> you have e-mails from s
obama is saying, don't even talk to me about entitlement reforms. if you oh mention those words it will be tax, tax, tax. i will control the public dialogue and that's all we'll e talk about. guys, fold your cards now. that's what this is about. i don't think there will be more tax hikes this year. there's also not going to be spending reform. all the talk about tax hikes is obama's way of making sure that america doesn't deal with its true problem which is its spending problem. >> i will...
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Feb 13, 2010
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john is going to report and our dynamic duo will talk about the failure to lower the unemployment rate. all that here with kudlow. stay with us, please. right now 1.2 million people are on sprint mobile broadband. 31 are streaming a sales conference from the road. 154 are tracking shipments on a train. 33 are iming on a ferry. and 1300 are secretly checking email on vacation. that's happening now. america's most dependable 3g network. bringing you the first and only wireless 4g network. right now get a free 3g/4g device for your laptop. sprint. the now network. deaf, hard-of-hearing and people with speech disabilities access www.sprintrelay.com. >>> all right. in a move that caught almost everybody on board, harry reid scraped a jobs bill and presented his own version. i don't know if it's going to be any better. john has the details. good evening, john. >> larry, in the last 24 hours, we have had a vivid demonstration on how difficult it is to work across partly lines. max baucus and chuck grassley negotiated a deal on a jobs package included a new payroll jobs tax credit, additional
john is going to report and our dynamic duo will talk about the failure to lower the unemployment rate. all that here with kudlow. stay with us, please. right now 1.2 million people are on sprint mobile broadband. 31 are streaming a sales conference from the road. 154 are tracking shipments on a train. 33 are iming on a ferry. and 1300 are secretly checking email on vacation. that's happening now. america's most dependable 3g network. bringing you the first and only wireless 4g network. right...
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Sep 30, 2013
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everyone you talk to here on the republican side says no way. it looks, brian, as of right now like we're headed for a shutdown tonight by midnight. >> 12:01 it is. thank you very much, for that, eamon javers. let's see how the market is feeling about this. want to know the definition of a knee-jerk reaction take a look at the tick by tick of all the action on the dow this morning. the index down 171 points at the low of the day earlier on. it has cut that nearly in half but it is still down by triple digits. nonetheless reflecting that uncertainty in washington, the vix has risen more than 20% over the past three sessions. away from the political stage we do need to say because today is the last day of q3 worth pointing out the nasdaq is far and away the best performer for the quarter up about 11%. versus 1.7 for the bow and 4.8 for the s&p. back to politics, the government shuts down 12:01 a.m. if that is the case, it would be the 18th shutdown in the nation's history. what does history therefore tell us about how the markets typically react d
everyone you talk to here on the republican side says no way. it looks, brian, as of right now like we're headed for a shutdown tonight by midnight. >> 12:01 it is. thank you very much, for that, eamon javers. let's see how the market is feeling about this. want to know the definition of a knee-jerk reaction take a look at the tick by tick of all the action on the dow this morning. the index down 171 points at the low of the day earlier on. it has cut that nearly in half but it is still...
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Nov 16, 2012
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and we'll have analysis in washington where obama kicks off budget talks. we'll also talk with russian markets and what stocks make a good investment as angela merkel heads out to moscow to meet putin. that's at 10:30 cet. and 11:20 cet, we'll head out to connecticut to talk holiday shopping in the consumer electronic space. one analyst says trends are set to improve. plus christine lagarde is saying eurozone leaders must reach agreement on greece at their summit next week, but when asked if the deal would happen, this was lagarde's candid relay. >> it's not over until the fat lady sings as the saying goes. and i would not say anything else p. it's a question of working hard, putting our mind to it, making sure working on the objective that greece cannot operate on a sustainable basis. ftc says expected to approve at a party gathering on december 5th, that the ecb's offer to buy debt must be temporary. we've heard from lagarde there talking about how it ain't over until the fat lady sings. at the same time. >> there isn't the equivalent of a fat lady in thi
and we'll have analysis in washington where obama kicks off budget talks. we'll also talk with russian markets and what stocks make a good investment as angela merkel heads out to moscow to meet putin. that's at 10:30 cet. and 11:20 cet, we'll head out to connecticut to talk holiday shopping in the consumer electronic space. one analyst says trends are set to improve. plus christine lagarde is saying eurozone leaders must reach agreement on greece at their summit next week, but when asked if...
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Sep 25, 2013
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you talked about how barack obama voted against raising the debt ceiling and when called on the carpet on it, here what's you wrote in your article. you said he acknowledged it was a political vote. i listened to you describe somebody who seems to just rub everybody the wrong way in cruz. forget whether he's right or wrong or changes anything, and the "green eggs and ham" and anybody that watched mr. smith goes to what ug when you're on a 21 hour run you read anything from the bible and constitution but don't you think hypocrisy on the president or many republicans as well, the way they flip flop based on who is in the white house don't you think that is a horrible situation, john? >> yes. look, everybody's played politics with the debt limit. it's been the thing nobody wants to vote for. a responsibility of the majority to handle. and that's why it's always been raised. >> i understand why they do it, john. why doesn't it bug you more than "green eggs and ham." why aren't you rallying how the president and many republicans have switched their votes depending on who is in the white hou
you talked about how barack obama voted against raising the debt ceiling and when called on the carpet on it, here what's you wrote in your article. you said he acknowledged it was a political vote. i listened to you describe somebody who seems to just rub everybody the wrong way in cruz. forget whether he's right or wrong or changes anything, and the "green eggs and ham" and anybody that watched mr. smith goes to what ug when you're on a 21 hour run you read anything from the bible...
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Dec 18, 2012
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as soon as president obama was elected, we started talking about the need to do something with the long-term financial security of this country. compromising takes courage. walking away, as they have done is so easy. >> now what reid was referring to there was a plan "b" option laid out this morning by speaker john boehner here on the house of representatives side of the capitol saying if we can't get a big deal with the president negotiated in time, we're prepared to move some legislation that would extend the bush tax cuts for everybody making less than $1 million a year. that he said was plan "b" for republicans, and he and his aides emphasized that they are not in fact walking away from a deal. they say they are still negotiating, but they just have to have something ready in case of emergency, in case they get up to that deadline and can't get to the deal. now the next development we're waiting for here in the capitol building is 5:40 this evening. all house republicans will gather in another conference meeting, and they will talk about this plan "b" and will talk about scheduling detai
as soon as president obama was elected, we started talking about the need to do something with the long-term financial security of this country. compromising takes courage. walking away, as they have done is so easy. >> now what reid was referring to there was a plan "b" option laid out this morning by speaker john boehner here on the house of representatives side of the capitol saying if we can't get a big deal with the president negotiated in time, we're prepared to move some...
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Oct 3, 2013
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and the dissatisfaction with obama care in the polls is going to rise significantly. >> all right. we'll leave it there. sally, thanks very much. >> thanks, larry. >> now, we're about to talk to a key moderate republican congressman who is trying to end the shutdown battle and live to fight another day. that being congressman michael grimm. he's with us next. stay with us, this is the "kudlow report." at farmers, we make you smarter about insurance. because what you don't know, can hurt you. what if you didn't know that posting your travel plans online may attract burglars? [woman] off to hawaii! what if you didn't know that as the price of gold rises, so should the coverage on your jewelry? [prospector] ahh! what if you didn't know that kitty litter can help you out of a slippery situation? the more you know, the better you can plan for what's ahead. talk to farmers and get smarter about your insurance. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum♪ (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and br
and the dissatisfaction with obama care in the polls is going to rise significantly. >> all right. we'll leave it there. sally, thanks very much. >> thanks, larry. >> now, we're about to talk to a key moderate republican congressman who is trying to end the shutdown battle and live to fight another day. that being congressman michael grimm. he's with us next. stay with us, this is the "kudlow report." at farmers, we make you smarter about insurance. because what you...